China's Sinochem Group and U.S.-based Hess Corp. signed a preliminary deal to cooperate in exploring and developing oil and gas, in particular the shale gas, announced Sinochem Group on Sunday.
Sinochem said on its website that the two companies agreed to make a further cooperation in exploring and developing shale gas in onshore China.
Sinochem, the ...
Although Gobi Energy had originally planned to drill its first well - Ger Chuluu A1 - to a depth of 1,200 meters, it stopped drilling at a depth of 1098 meters without having encountered any seal.
Y39P1 horizontal well was drilled to a total measured depth of 3,600 meters, with a vertical depth of 3,092 meters and a horizontal section of 400 meters.